Diversified Energy (DEC) Announces Proposed 8.5M Share Offering

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Diversified Energy Announces Proposed Offering of Ordinary Shares

February 19, 2025 7:30 AM EST

BIRMINGHAM, Ala., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE: DEC; NYSE: DEC) (Diversified or the "Company"), an independent energy company focused on natural gas and liquids production, transportation, marketing and well retirement, today announces the launch of an underwritten public offering (the Offering) in the United States of up to 8,500,000 ordinary shares (the Shares).

Citigroup and Mizuho are acting as joint book-running managers and underwriters for the proposed Offering.

In addition, Diversified intends to grant the... More